The Associated Press

• Judge Approves $7.2 Billion Settlement in Madoff Fraud

  By John Sullivan, AdvisorOne  |  January 14, 2011

  A historic $7.2 billion deal was approved Thursday to settle a lawsuit brought against the estate of one of the oldest and wealthiest clients of disgraced financier Bernard Madoff.

• Spain Tightens Belt as Air Traffic Controller Strikes Tie-up Travel

  By Marlene Y. Satter, AdvisorOne  |  December 5, 2010

  Spain approved new austerity measures on Friday, and the nation’s air traffic controllers staged a huge sickout in protest; part of the austerity plan calls for partially privatizing important airports.

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  President Obama, Lawmakers Meet on Bush Tax Cuts

  By Danielle Andrus, AdvisorOne  |  November 30, 2010

  In a one-hour meeting with congressional leaders, Republicans declared "steadfast opposition" to any increase in taxes following the Bush-era tax cuts' expiration.

• Mutual Fund Giants Ensnared in Insider Trading Probe

  By John Sullivan, AdvisorOne  |  November 29, 2010

  The Denver-based mutual fund company says it intends to fully cooperate with the inquiry.

• Fitch Cuts Ireland’s Rating on Bailout Concerns

  By John Sullivan, AdvisorOne  |  October 6, 2010

  Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits, the toughest bank-bailout effort in Europe and a lagging economy.

• China’s Premier Weighs In on Euro, Greece

  By Marlene Y. Satter, AdvisorOne  |  October 3, 2010

  In the wake of a trade bill passed by the House on Wednesday aimed primarily at China, that nation on Saturday announced that it would buy more Greek debt and on Sunday spoke out in favor of a stable euro.

• BofA Delays Foreclosures in 23 States

  By John Sullivan, AdvisorOne  |  October 1, 2010

  The Associated Press is reporting Bank of America is not yet able to estimate how many homeowners cases will be affected.

• EU Tells Members: Exceed Budget, Pay Fine

  By Marlene Y. Satter, AdvisorOne  |  September 29, 2010

  The European Commission proposed Wednesday that countries in the European Union not reining in their budgets be hit with penalties in an effort to prevent another Greek-style meltdown.

• Obama to Propose Capital Investment Tax Breaks That Could Save $200 Billion

  By Danielle Andrus, AdvisorOne  |  September 7, 2010

  Proposed tax breaks by President Barack Obama on new capital investments are expected to save businesses $200 billion over two years, The Associated Press reported Tuesday, September 7

• GDP Revised Sharply Downward in Q2; Consumer Sentiment a Bit Higher

  By Ron Pechtimaldjian, AdvisorOne  |  August 27, 2010

  A revised estimate of second-quarter GDP on Friday, August 27, showed that the economy grew at 1.6% annual pace, down sharply from the government's first estimate of 2.4%.